TTA’s May kickoff: is Oracle back from debt brink or in deeper? Deep learning AI vs. LLMs, chatbots take a whack with a PA lawsuit and AMA’s Congress appeal; ad trackers, M&A, more!

AI dominated this week in multiple ways. Dr. Eric Topol opined on how validated deep learning AI use in medical imaging is hardly seeing any takeup by companies while gen AI and LLM chatbots get the funders and founders. Chatbots took a beating, with Character.AI being sued by Pennsylvania and AMA lobbying Congress for mental health bot guardrails. Is Oracle back from the debt brink with PIMCO’s bond fund financing for a data center or in deeper? Problematic ad trackers appear on state HIX websites, a buy and a Series B round it out.

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News roundup: Amwell narrows Q1 and full year losses, AMA urges Congress for guardrails on mental health chatbots, hospital at home study finds lower ED visits and lower hospital mortality

Character.AI sued by Pennsylvania on its chatbots posing as licensed physicians and psychiatrists

Oracle steps back from the AI debt brink with $16.3B financing for MI data center, the Project Jupiter ‘clean energy’ experiment in NM, and a major Federal DOW contract

Chutes & Ladders: Ad trackers still on healthcare websites after lawsuits, FTC; the US Navy adds WHOOPs it up and expands Talkspace; HealthVerity to buy Symphony Health; Nervonik’s $52.5M Series B

Is the health tech business neglecting validated deep learning medical AI models versus less proven LLMs and generative AI?

Last Week’s Headlines

A quickie news roundup: ChatGPT for Clinicians unveiled, UHG to invest $1.5B in AI, Aidoc raises $150M, TriFetch raises $1.9M pre-seed, Boehringer Ingelheim & Eko Health partner on canine heart murmur detection

Breaking: OpenEvidence app access terminated in the UK and EU

(Updated) Medtronic reports corporate IT systems cyberattacked. 500K UK Biobank records breached in inside job. Are med device and research organizations the new hacker happy hunting ground?

‘Behind the Emergency’–a well-done presentation about and approach to a specialized healthcare market

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Donna Cusano, Editor In Chief
donna.cusano@telecareaware.com